Preferred Shares
Find key features of Scotiabank’s preferred shares
Registered holders of Scotiabank preferred shares are eligible to participate in the Dividend and Share Purchase Plan for the purchase of common shares. All outstanding issues of Scotiabank preferred shares are non-cumulative.
Record and payment dates for Fiscal 2021
Series 32-34, 36, 38, 40
January
Record date: January 5, 2021
Payment date: January 27, 2021
April
Record date: April 6, 2021
Payment date: April 28, 2021
July
Record date: July 6, 2021
Payment date: July 28, 2021
October
Record date: October 5, 2021
Payment date: October 27, 2021
Key features1,2
The following is a summary of some of the key terms of The Bank of Nova Scotia's Perferred Shares. To obtain additional information, please refer to the respective prospectus.
Series 34
Ticker Symbol
BNS.PR.E
Issue Price
$25.00
Dividend
$0.343750
Redemption Date
Apr 26, 2021
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
064149 55 2
Series 36
Ticker Symbol
BNS.PR.G
Issue Price
$25.00
Dividend
$0.343750
Redemption Date
Jul 26, 2021
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
064151 20 2
Series 38
Ticker Symbol
BNS.PR.H
Issue Price
$25.00
Dividend
$0.303125
Redemption Date
Jan 27, 2022
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
064151 11 1
Series 40
Ticker Symbol
BNS.PR.I
Issue Price
$25.00
Dividend
$0.303125
Redemption Date
Jan 27, 2024
(and every 5 years thereafter)
Redemption Price
$25.00
Bank CUSIP No.
06415E 30 3
Dividend Taxation
The federal Income Tax Act, and most provincial income tax legislation, taxes Canadian individuals who receive eligible dividends at a lower rate. All of the dividends paid by the Bank of Nova Scotia, and any of its subsidiaries, in 2006 are eligible dividends and all dividends paid hereafter will be eligible dividends unless indicated otherwise.
Series 34, 36, 38 and 40 shares include the Non-Viability Emergency Capital (NVCC) provisions necessary to qualify for Tier 1 capital in accordance with Basel III requirements.